Uncategorized

GE Completes Gas Turbine Upgrade ahead of Schedule at Tanzania’s Songas Ubungo Power Plant

August 27, 2019/GE Songas Ubungo Power Plant provides more than 20 percent of the grid connected power in Tanzania; upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability. GE (NYSE: GE) (www.GE.com) and Songas today announced they have successfully completed upgrades to […]

Voith Launches On-Site Machining and Service Tools Capabilities for Southern Africa

August 15, 2019/Voith On-site machining and service tools applicable for the hydropower industry and key processing industries in Africa; Increased plant up-time and cost-effective workshop-quality machining; Successful launch event in August 2019 in South Africa. The technology group Voith (www.Voith.com) is strengthening its hydropower service portfolio for Southern Africa. On […]

Nigerian Bourse Rebounds +0.11% on MTNN

August 1, 2019/Cordros Report EQUTIES The Nigerian equities market recorded gains in today’s trading, rising 0.11% to 27,748.46 points, following a late rally in MTNN. The Month-to-Date and Year-to-Date losses worsened to 7.40% and 11.71% respectively. Total volume of trades decreased by 61.35% to 97.36 million units, valued at NGN1.77billion, […]